Economy

The Pitfalls of Estimating GDP

Context: The National Statistical Office (NSO) is considering replacing the Ministry of Corporate Affairs’ MCA-21 database with Goods and Services...

GST Council Looking for GST Rationalisation

Context: Union Finance Minister Nirmala Sitharaman said that the GST Council is currently reviewing GST rates for rationalisation on an...

Tech Monopolisation

Context: A series of legal actions against tech giants across various jurisdictions, along with the implementation of the European Union’s...

Work Culture

Context: With reference to the death of a young Chartered Accountant who had recently joined EY, the Union Finance Minister...

Integration of EPFO and e-Shram Databases

Context: The Union Labour Ministry is set to integrate the e-Shram portal with the Employees Provident Fund Organisation (EPFO) database...

Self-Regulatory Organisations (SROs)

Context: The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation...

Cost of a Healthy Diet (CoHD)

Context: The 2024 State of Food Security and Nutrition in the World report estimates that as of 2022, 55.6% of...

Cryptocurrency

Context: The official YouTube channel of the Supreme Court of India was hacked for several hours on September 20, 2024,...

NBFC Shifting to Bond Market for Financing 

Context: The Reserve Bank of India (RBI) is encouraging non-banking financial companies (NBFCs) to reduce reliance on banks. Consequently, NBFCs...

PM Surya Ghar: Muft Bijli Yojna

Context: The Ministry of New and Renewable Energy (MNRE) has unveiled a ₹500-crore sub-component under the ₹75,000-crore PM Surya Ghar:...

Inflation

Context: An article, part of the RBI’s September bulletin titled “State of the Economy” noted that despite CPI inflation staying...

‘Relative Economic Performance of Indian States’

Why in the News? The Economic Advisory Council to the Prime Minister (EAC-PM) released a working paper titled ‘Relative Economic...

FATF Mutual Evaluation Report on India (2024) 

Why in News? The Financial Action Task Force (FATF) has praised India’s efforts in combating money laundering and terror financing,...

Reducing India’s Debt/GDP ratio and Fiscal Deficit 

Context: Managing a country’s economy involves reducing the debt-to-GDP ratio by controlling the fiscal deficit, as focusing on debt reduction...

Nano Businesses

Context: Government data from 2015 identified over 63 million MSMEs, with more than 60 million classified as micro-enterprises. But within...